I rec'd a call from Kurt Obrien last week, they are now posing as 1st century mortgage, or first century mortgage. Tried getting my checking acct and routine numbers to "veryify" my account.
Offered me "pre-approved" leads saying they had a new mortgage loan program that supposedly offers a better interest rate to borrowers that purchase life insurance to protect the mortgage naming first century as the bene.. my initial suspicion arose when I inquired about if the policies needed to be assigned, he said no... didnt add up. But I continued just in case perhaps he was new in this type of deal, said his leads were warm and would be expecting my call, his company was offering links on Yahoo's search engines, leads are $16 a piece and needed to be prepaid, he wanted to sell me $4000 worth, agreed to $800 but didnt send any money until he sent me a couple leads to try first. The leads never came and wouldnt return my calls.
He didnt get any money out of me, i hung onto my check and my personal info until I saw some results. The leads never came, his email address kept bouncing back to me in error, and now his direct extension on his 866-550-1197 number now longer works.
He has an assistant named Andrea, here is her info:
From: email@example.com [mailto:firstname.lastname@example.org]
Sent: Friday, March 06, 2009 6:01 PM
Subject: Yahoo Local Listing Form
Please complete the form and return by fax or email. You may attach a picture or company logo to add to your advertisement. This is a free offer by 1st Century Mortgage to help generate business. If you get clients that are looking for loan modification or refinance refer them to us and we will make sure we get all the clients within your area to you for the insurance.
866-550-1197 ext 3311
I've turned them into the National Associate of Insurance and Financial Advisors (Im a long time contribuator and national member)to send out a national email warning agents of this scam and I have also contacted a contact I have at Life Insurance Selling magazine to publish a warning against this type of fraud.